I disagree with this premise. The biggest hurdle in establishing a more libertarian government is the prior existence of a bloated one. It is natural that a government would not pursue measures that put it out of work. Of course that’s operating on the idea that a “libertarian government” is a defined style of governance, which it isn’t. It’s a particular quality a government can have. Governments can be more or less authoritarian or libertarian, in the same way as they can lean left or lean right. It’s an adjective that can apply to any style of governance, not a specific model.We don't have any modern examples to go by because it's obvious to everyone what happens when you repeal even the most basic of regulatory oversight and all social safety nets. American and Chinese corporations/sweatshops will swoop in to fill the void, demand everyone work long hours for near slave wages, and do little to nothing to improve living conditions. It'd be naive to claim that Milei and his inner circle don't have the means or intent to profit off of that, as well.
Chinese sweatshops exist in collaboration with the government and with its blessing, not in its absence. Claiming that the Chinese government has anything in common with libertarianism is politically illiterate, it cannot result in a serious conversation. Chinese scandals are a result of a lack of adequate oversight, not lack of regulation. The 2008 milk formula scandal comes to mind (for those not in the know, it concerned formula adulterated with melamine in order to create the appearance of having a higher protein content than it really did, specifically to conform with government regulations). You’re not dumb enough to work with this premise, so you should probably retreat from it. I certainly won’t pursue it - it’s too silly even for me. I like a good joke, but c’mon.